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Dec 26, 2012
12/12
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. >>> president barack obama is headed back to washington d.c. and just six days remain before our country goes over the fiscal cliff. here is more from our washington d.c. newsroom. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as
. >>> president barack obama is headed back to washington d.c. and just six days remain before our country goes over the fiscal cliff. here is more from our washington d.c. newsroom. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the...
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Dec 28, 2012
12/12
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WGN
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the clock is ticking for congress to get something done or risk taking the nation over the fiscal cliff. >>good afternoon. i'm steve >> we welcome our viewers. our top story president obama has invited the four congressional leaders to the white house this afternoon to try to salvage negotiations before need the new year's day deadline. if an agreement is not reached by then tax hikes and spending will kick in. economists say it could send the country back into recession. republicans and democrats are blaming each other for the stalemate. the democrats want to extend the bush era tax cuts for those thinking less than $250,000. >> to taxes will go up for every taxpaying american. republicans are not about to write a blank check to us because we find ourselves at the edge of the cliff. >> consistently show that a majority of americans support the president's position on tax es. >> did the shooting as the chicago at 500 homicides for the year. >> so far no comment yet. chicago police have been working hard to prevent it. the 500 happened last night. the shooting death on the west side. 40
the clock is ticking for congress to get something done or risk taking the nation over the fiscal cliff. >>good afternoon. i'm steve >> we welcome our viewers. our top story president obama has invited the four congressional leaders to the white house this afternoon to try to salvage negotiations before need the new year's day deadline. if an agreement is not reached by then tax hikes and spending will kick in. economists say it could send the country back into recession....
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Dec 28, 2012
12/12
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. >> reporter: president obama is rounding up the top four leaders in congress to meet at the white house. senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick in on tuesday. republican aid say their leaders might now get on board with that. even so there is economic proof that many americans still fear going over the fiscal cliff. i'll have more on that in my next update. live in washington kyla campbell ktvu channel 2 news. >>> analysts say if the country goes over the fiscal shift it could send the economy back if into a recession. >>> secretary of state hillary clinton is expected to return to work next week. a specksman for clinton says she continues to recooperate at home. doctors say clinton contracted a stomach virus earlier this month and became dehydrat
. >> reporter: president obama is rounding up the top four leaders in congress to meet at the white house. senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick...
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Dec 24, 2012
12/12
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KPIX
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even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done. that would be close to the $4 trillion we need to stabilize the debt and begin to bring it down. >> i would vote for revenues, including tax rate hikes even ugh ih i don't like them, to get a-- to save the country from becoming greece, tax rate hikes are part of the solution driven by the president. but he's going to get tax rate hikes. ratey republican colleagues, if we can protect 99% of the american public from a tax hike that is not a tax increase in my books. >> glor: with christmas just two nuys away last minute gift buyers are out. today shopper track said raturday was the busiest day of the holiday season behind black friday. r wever a cut in spending % recast from 3.3% of growth this year to 2.5%. parts of the u.s. will get a white christm
even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done. that would be close to the $4 trillion we need to stabilize the debt and begin to bring it down. >> i would vote for revenues, including tax...
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Dec 28, 2012
12/12
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KRON
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. >> president obama in congress are looking to keep automatic spending freezes from kicking in a pain has the stor\ed paine has the story >> nancy pelosi, which mcconnell, and john boe hner have four days to reach agreement or spending cuts would take effect. >> both sides are involved in a high-stakes political blame game. >> we are here in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and doing all kinds of things. they should be here. >> i told president i will be happy to look at what ever he proposes. a hard deadline. as i said this is the conversation we should of had to go. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more per year. republicans remain against any tax increases. >> most americans just wasn't begun. >> people are tired. >> islamic not reach a deal by january 1st many economists are concerned it could lead to another recession. >> ibm ed paine reporting. >> and other nationals former president george h. w. bush is still in int
. >> president obama in congress are looking to keep automatic spending freezes from kicking in a pain has the stor\ed paine has the story >> nancy pelosi, which mcconnell, and john boe hner have four days to reach agreement or spending cuts would take effect. >> both sides are involved in a high-stakes political blame game. >> we are here in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and...
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Dec 27, 2012
12/12
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KGO
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president ob yaum and members of congress heading back to washington after a break but e. avoid the fiscal cliff. official says they don't know of any significant strides towards a compromise being made for the long christmas weekend. >> president obama spent part of the christmas day greeting thanking service member autos thanks for the work. >> knowing there are steeper cuts and the president is giving it a last shot, cutting short his vacation, returning to washington, d.c. tomorrow to try to hammer out a last minute deal with congressional republicans. if there is no break through, every american will be hit with higher taxes. a schoolteacher with two kids and a salary of $43,000 will face a tax hike of $3,000. the super rich like lebron james would see his tax goes up more thanhóÁ$2.4 million this year. >> i want us to not go over the cliff. i think it hurts the country. >> middle class people shouldn't have tax goes up?(héq $2,000 a year, we should start making some meaningful reform on debt. >> going over the fiscal cliff mean morz than higher taxes. federal work
president ob yaum and members of congress heading back to washington after a break but e. avoid the fiscal cliff. official says they don't know of any significant strides towards a compromise being made for the long christmas weekend. >> president obama spent part of the christmas day greeting thanking service member autos thanks for the work. >> knowing there are steeper cuts and the president is giving it a last shot, cutting short his vacation, returning to washington, d.c....
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Dec 27, 2012
12/12
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KGO
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. >>> economists warn that we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new negotiations have been scheduled. and adding to the pressure, treasury secretary tim geithner says the country is on track to hit its borrowing limit on monday. >>> and former president george h.w. bush has been moved to the intensive care unit at a hospital in houston. he's in guarded condition because of a stubborn fever. mr. bush who is 88, has been hospitalized for more than a month now, trying to recover from bronchitis. >>> you think you pay a lot to park. not compared to folks in chicago. it's going to soon cost $6.50 per hour. that's like 10 cents a minute at a meter downtown. after the rate goes up 75 cents in the new year. >> in quarters? >> yes, quarters, you can also use a credit card. >> who carries $6.50 in
. >>> economists warn that we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new negotiations have been scheduled. and adding to the pressure, treasury secretary tim geithner says the country is on...
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Dec 24, 2012
12/12
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KRON
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and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> we will be right back. thousands of palestinians and international tourists are visiting bethlehem to visit christmas. and to celebrate-christmas. this is live at the we will be right back. >> watching wall street, this shorter trading day. they are open until just 1:00 p.m., not a lot to cheer about. with little in the news. there was a exp
and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care...
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Jan 1, 2013
01/13
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KPIX
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president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously too many to hope for at this time. [ laughter ] >> maybe we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides are moving back and forth between meeting rooms on capitol hill on what is normally a quiet new year's eve. the sticking point is spending. the president said to take action on deficit reduction in the next few months and more tax revenue could be involved in those discussions but republicans are furious at that possibility. >> i'm willing to support revenues to deal with this overall problem but what i will not agree to using revenues to replace spending reductions. >> reporter: even in the senate approves the deal by midnight, the house has to pass it. >>> once the deal is done, what will it mean to you and your family's finances? cbs 5 reporter grace lee with the consequences of a compromise. >> reporter: this deal is not official until both houses pass it and it's
president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously too many to hope for at this time. [ laughter ] >> maybe we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides are moving back and forth between meeting rooms on capitol hill on what is normally a quiet new year's eve. the sticking point is spending. the president said...
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Dec 28, 2012
12/12
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WMAR
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. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york. thank you. >>> the country has lost one of its great warriors. tributes are pouring in this morning for retired general norman schwarzkopf. the general died yesterday in tampa after a battle with pneumonia. schwarzkopf commanded "operation desert storm" that drove ir
. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills....
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Dec 27, 2012
12/12
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WMAR
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obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently got her first cell phone. do you monitor it and see who she calls or who she texts? >> i give my daughter, i give her a long rope, and there is monitoring, because we have rules. but monitoring may be, you never know when i'm going to walk in your room and i'm going to ask you who are you talking about and are you talking about school work? >> and they're not very good at lying. we joke sometimes about how malia is getting to the age now, boys start calling and sort of -- i always talk about how one of the main things about running again was continuing secret service protection. >> mr. obama, there is a
obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently...
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Dec 24, 2012
12/12
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KRON
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president obama and congress are on christmas vacation. it will be thursday before talks will resume to try to prevent automatic tax hikes and spending cuts from taking effect january 1st. andrew spencer has the latest. >> this is the first time that i feel that it is more likely that will go over the cliff that not. if we allow this to happen it will be the most colossal consequence so act congressionally. this will be very irresponsible. >> president obama stated that he will cut his vacation short to try to handle this. the deadline is just a week away. >> a programming reminder to catch dr. phil right after the kron4 morning news at 10:00 a.m.. we will be right back. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotte
president obama and congress are on christmas vacation. it will be thursday before talks will resume to try to prevent automatic tax hikes and spending cuts from taking effect january 1st. andrew spencer has the latest. >> this is the first time that i feel that it is more likely that will go over the cliff that not. if we allow this to happen it will be the most colossal consequence so act congressionally. this will be very irresponsible. >> president obama stated that he will cut...
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Dec 31, 2012
12/12
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KTVU
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president obama announced this weekend he'll presented package to congress to make sure the shootings in newtown connecticut do not fade from public attention. >>> it certainly won't feel like that to me. this is something that -- that was the worst say of my presidency and it's not something that i want to see repeated. >> the president admits will be resistant, but for congressional leaders willing to make a change in gun laws, he says armed guards in schools will work. >> i am skeptical that the only answer is putting more guns in schools. and i think the vast majority of the american people are skeptical that that somehow is going to solve our problem. >>> a half dozen teachers took a firearmed training course, some who had never handled a gun. the population is not only affected by the shootings, but the movie theater shootings in july killing i 6-year-old girl. >> according to the marin, the community have given $10,000. officials plan to offer $200 for automatic weapons and riflefle. >>> the bill faces an uncertain future in the house. >> there are a couple of reasons why the $
president obama announced this weekend he'll presented package to congress to make sure the shootings in newtown connecticut do not fade from public attention. >>> it certainly won't feel like that to me. this is something that -- that was the worst say of my presidency and it's not something that i want to see repeated. >> the president admits will be resistant, but for congressional leaders willing to make a change in gun laws, he says armed guards in schools will work....
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Dec 24, 2012
12/12
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. >> reporter: president obama is in hawaii. he says he will cut his vacation short to try to hammer out a deal. the deadline a week away. >> if congress does not get anything done, then taxes will most likely go up for everyone. just about everyone on january 1st. unemployment benefits will also expire for many people. >>> international envoy working to end syria's civil war worries won't be able to help. one man said bashar assad discussed possible steps forward but has made little progress because both sides seem to be more interested in fighting. >>> authorities in india used violence to stop a week of rape protests. armed police beat police with sticks. they are protesting the brutal rape of a woman on a bus. prime minister said the government would take tough action to prevent these crimes against women. >>> 47-year-old joe price died on saturday from a noncombat injury. a military official says his death is being investigated as a suspected poll san jose a strict new policy goes into effect at camp pendleton. marines will
. >> reporter: president obama is in hawaii. he says he will cut his vacation short to try to hammer out a deal. the deadline a week away. >> if congress does not get anything done, then taxes will most likely go up for everyone. just about everyone on january 1st. unemployment benefits will also expire for many people. >>> international envoy working to end syria's civil war worries won't be able to help. one man said bashar assad discussed possible steps forward but has...
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Dec 28, 2012
12/12
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KGO
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. >> reporter: president obama flew home early from his speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the u.s. back into a recession. one possible effect of the fiscal cliff, milk prices could spike two or three dollars a gallon because farm programs will expire the end of the year. some are calling that dairy cliff. wendy gillette, abc news, new york. >>> mike jing us with a look at the -- mike joining us with a look at the forecast, more rain on the way? >>> in due time we'll get light rain not this morning high clouds to the east from sutro tower in san francisco where dry now live doppler 7 hd spinning tracking the showers, the rain i should say as it is developing over the ocean water right now let's see how far th
. >> reporter: president obama flew home early from his speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive increases and deep spending cuts treasury department would have treble paying its bills. many -- many worry it would plunge the...
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Jan 1, 2013
01/13
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president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spending cuts is the only thing that's going to reduce the deficit, they have another thing coming and that basically references the $16.5 trillion in debt which is the next issue on the table. a lot of republicans were offended and it could antagonize enough of them to jeopardize an "up" vote on this bill to get it done. >> they are making progress. that's a good sign in the new year. we see what the house says today. tara mergener live on this new year's day in washington, thank you. >>> and that's how they rang in 2013. about a million people in all over the world got the times square treatment. new york's crystal ball dropped into the new year. it was cold but worth it they say to join the party. looks like the weather cooperated for a spectacular night of fireworks along the waterfront in san francisco. they jammed the embarcadero as midnight approached. when it was all over the cars jammed the streets in th
president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spending cuts is the only thing that's going to reduce the deficit, they have another thing coming and that basically references the $16.5 trillion in debt which is the next issue on the table. a lot of republicans were offended and it could antagonize enough of them to jeopardize an "up" vote on this bill to get it done....
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Dec 29, 2012
12/12
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KRON
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. >> president obama is saying that he is out of patience and he is urging congress to do its job. i >> what ever we come up with, it is not going to be perfect and did not everybody is going to like it. >> house speaker john peter does not want to bring anything to congress until it is passed by the house. those tax cuts are expected to expire house speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going to be paying the price for all of not being able to get anything done. >> catherine: after a break in the rain.yet another round is this is a live look at conditions in san on van ness avenue. i'm in the weather center with jacqueline - who has been tracking this latest >> jacqueline: it has been a bit deceiving. but we are finally seeing rain hit the coast. half moon bay in the last one hour and a san francisco probably seen some sprinkles right now as well. let us to track some of these rainfall totals. not all of this is hitting the ground. there are pockets of yellow is indicating the rainfall in excess of 1 ten
. >> president obama is saying that he is out of patience and he is urging congress to do its job. i >> what ever we come up with, it is not going to be perfect and did not everybody is going to like it. >> house speaker john peter does not want to bring anything to congress until it is passed by the house. those tax cuts are expected to expire house speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going...
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Jan 1, 2013
01/13
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KPIX
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>> well, president obama during that speech criticized congress for taking too long to come up with this deal. he also laid the groundwork for another problem that's coming and that's basically burrough -- upping the country's burrough limit. republicans will no doubt try to use upping that in ex-kang for spending cuts. and to which the president said, they have another thing coming if they think that's going to be the case. spending cuts alone are not going to be able to reduce the country's deficit. so we have that coming. senator john mccain said basically that's going to antagonize a lot of the house members and possibly jeopardize the vote. >> a lot of negotiations still need to be done. all right, tara mergener live in washington for us, thank you. >>> what a night! the weather cooperated for a spectacular night of fireworks along the waterfront right here in san francisco. beautiful view, big crowds jamming the embarcadero. when it was over the cars jammed all the streets in the area. everyone had to go home. although many are still here. new year's celebration was not 100% peacef
>> well, president obama during that speech criticized congress for taking too long to come up with this deal. he also laid the groundwork for another problem that's coming and that's basically burrough -- upping the country's burrough limit. republicans will no doubt try to use upping that in ex-kang for spending cuts. and to which the president said, they have another thing coming if they think that's going to be the case. spending cuts alone are not going to be able to reduce the...
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Dec 27, 2012
12/12
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KRON
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. >> there still seems to be no signs of a compromise acting congress and president obama. >> president obama return to washington to get the credit shortage of medication. is a video the president leaving. >> house and senate members are expected to reconvene today as well. >> without a budget agreement, automatic tax increase is for everyone in the spending cuts will be triggered in the new year. >> the main dispute continues to be over taxes. >>, of the kron 4 morning news changes are coming to a netflix starting next year. how the company wants to get users more connected socially and next. >> the web more attractive weather and headlines when we come back >> wexcome backed. >> time is 4:10. >> net flicks is adding more social features to it streaming media service in the u.s.. >> the company confirms that the congress passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the restrictions allowing net flicks his additional there was also to media outlets by facebook and twitter
. >> there still seems to be no signs of a compromise acting congress and president obama. >> president obama return to washington to get the credit shortage of medication. is a video the president leaving. >> house and senate members are expected to reconvene today as well. >> without a budget agreement, automatic tax increase is for everyone in the spending cuts will be triggered in the new year. >> the main dispute continues to be over taxes. >>, of the...
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Dec 27, 2012
12/12
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president obama flew back to washington from hawaii overnight to work on the plan to avoid the "fiscal cliff." cbs reporter tara mergener says congress remains gridlocked and fewer americans expect any progress before the new year. >>> reporter: senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the "fiscal cliff." higher taxes will give the average american about $1,500 less to spend next year. and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger dooley can be reached. >> it is going to be a patch because in four days we can't solve everything. >> reporter: while senators try to brave the bad weather that has hit many parts of the country, in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. >> good morning? >> reporter: house republicans scuttled the proposal from speaker john boehner last
president obama flew back to washington from hawaii overnight to work on the plan to avoid the "fiscal cliff." cbs reporter tara mergener says congress remains gridlocked and fewer americans expect any progress before the new year. >>> reporter: senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the "fiscal cliff." higher taxes will give the average american about $1,500 less to spend next year. and economists believe...
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Dec 28, 2012
12/12
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KTVU
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. >> if president obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen. >> if taxes go up on everybody it's not going to be a happy time. but i think that's inevitably what's going to happen. >> they say the lowest income folks will see their take home pay shrink just over three and a half%. average earners 4% and top earners 6%. >> another sign the housing market is improving, the national association of realtors says pending home sales rose last month to the highest level in 2 and a half years. pending sales rose nearly 2% in november and that's the third month in a row it's gone up. >> amazon had a green christmas season. they announced the 2012 holiday sales were the biggest ever
. >> if president obama and congress aren't able to avoid the fiscal cliff people here in california will be hit especially hard because of prop 30 which was voted into law back in november. it will soon mean higher sales tax and higher income tax on the state's top earners. the fiscal cliff would add to that hitting all americans with higher taxes. >> i don't know, there's a word to describe how upset the public is going to be. nobody's going to be happy to see that happen....
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Dec 30, 2012
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here is more of president obama talking about the overall situation. >> what congress needs to do is to prevent taxes from going up for the vast majority of americans. and this was a major topic of discussion throughout the campaign. what i said was that we should keep taxes where they were for 98% of americans, 97% of small businesses. but, if we are serious about deficit reduction, make sure the wealthy are paying more and combine it with spending cuts and put the economy on a long term trajectory of growth. over the next 48 hours, my hope is people recognize that regardless of partisan differences, our priority has to be to make sure taxes on middle class families do not go up. that would hurt our economy badly. at a certain point, it is very important for republicans in congress to say we understand we are not going to get 100%. we are willing to compromise in a serious way to solve problems. >> give you the live picture. you are seeing the majority leader, harry reid. >> they will begin at 3:00. announce the business of the day. >> under the previous order, the leadership time i
here is more of president obama talking about the overall situation. >> what congress needs to do is to prevent taxes from going up for the vast majority of americans. and this was a major topic of discussion throughout the campaign. what i said was that we should keep taxes where they were for 98% of americans, 97% of small businesses. but, if we are serious about deficit reduction, make sure the wealthy are paying more and combine it with spending cuts and put the economy on a long term...
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Dec 30, 2012
12/12
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president obama says he's optimistic that congress will reach a deal in time. chris mozingo has the story. >> reporter: converses running out of time if before the economy will go over the fiscal cliff. they say that reaching a deal will not be easy. >> we cannot afford a politically self-inflicted wound to the economy. the people that you sent to washington half to do with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama. >> we are going to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> politicians on both sides have the responsibility but the president's tax hike will not do much to address the debt. >> the top 25 of american will not even pay one-third of the annual interest that is owed for this 16 trillion dollar debt. >> washington will return before the end of the year but they are likely to be burning the midnight oil. >>> we'll take a quick break on kron 4 news weekend. but first, let's take a live look outside at san francisco from our roof cam here on van ness avenue. le
president obama says he's optimistic that congress will reach a deal in time. chris mozingo has the story. >> reporter: converses running out of time if before the economy will go over the fiscal cliff. they say that reaching a deal will not be easy. >> we cannot afford a politically self-inflicted wound to the economy. the people that you sent to washington half to do with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama....
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Dec 30, 2012
12/12
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guest: president obama is engaged in a campaign to pressure congress to sign off on the deal. he asked the senate to put together an agreement that can be done before the new year. if they cannot, he wants a vote on his plan. it would extend most of the bush tax cuts and other a clean insurance. he said he is prepared to blame the republicans if it falls apart. host: david jackson, they do so much for joining us this morning. next, we will take a look at what is going on in iraq with michael gordon. we will be right back. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> started to get through the fall of 1774. the british admiral said and diplomats were reporting to the crown -- the british were reported to the crown the colonists were trying to give ammunition. this was after the british sent more troops to boston after the boston tea party. it is clear the paulists were pulling together in addition -- to gather ammunition and cannons. the king prohibited british ships from taking ammunition and everything to
guest: president obama is engaged in a campaign to pressure congress to sign off on the deal. he asked the senate to put together an agreement that can be done before the new year. if they cannot, he wants a vote on his plan. it would extend most of the bush tax cuts and other a clean insurance. he said he is prepared to blame the republicans if it falls apart. host: david jackson, they do so much for joining us this morning. next, we will take a look at what is going on in iraq with michael...
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Dec 29, 2012
12/12
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. >> president obama is urging congress to reach a deal to avoid the fiscal cliff. in today's radio and internet address, mr. obama says he believes leaders in congress may be able to reach an agreement that can pass both houses before taxes rise and spending cuts take effect at the end of the year. he urges "washington politics" to not get in the way of "america's progress." meanwhile, in the republican address, missouri senator roy blunt says the nation can avoid going over the fiscalbama and the democratic- controlled senate work with republicans to solve the problem. >> the senate has approved a 60-point-4 billion dollar emergency spending package for hurricane sandy recovery. the measure, which was backed by democrats, now heads to the house. meanwhile, republican leaders favor a smaller aid package to pay for immediate sandy recovery needs, saying they need more time to consider any additional aid. >> sandy battered the east coast in late october. it was the most costly natural disaster since hurricane katrina in 2005. >> a connecticut attorney is asking permi
. >> president obama is urging congress to reach a deal to avoid the fiscal cliff. in today's radio and internet address, mr. obama says he believes leaders in congress may be able to reach an agreement that can pass both houses before taxes rise and spending cuts take effect at the end of the year. he urges "washington politics" to not get in the way of "america's progress." meanwhile, in the republican address, missouri senator roy blunt says the nation can avoid...
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Dec 27, 2012
12/12
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obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they were waiting for the democratic controlled senate. the house will take this action on whatever the senate can pass they said but the senate first must act. in a sign of public frustration over the lack of a deal the coffee giant starbucks is asking employees in approximately 120 washington area cafes to write the words "come together" on cups for drink orders. >> we just wanted to have a subtle message of coming together and everyo
obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that...
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Dec 29, 2012
12/12
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. >> reporter: press the barack obama needs is- president barack obama is saying that the congress need to take immediate action. the meeting today was good, and constructive but there's no agreement there should be a vote on his proposal to extend unemployment benefits and also help with tax cuts on the middle-class. justin waldman, kron 4. >> reporter: the city of richmond has been issuing a permit to pg&e. this san bruno explosion.. for chevron is hoping that this will be completely repaired by the end of next year. >> reporter: senator cherry hill well propose a bill to install an interlock device on their vehicles. >> for one year and comply with the calibration every other month. before fully getting their driving privileges back this will make it clear that repeat offenders to not complete the interlock program there will never get their license back. >> reporter: haazig madyun redwood city, kron 4 >> reporter: just a couple of days away from a to year's eve and if you might want to consider- public transportation. they have extended transportation or even free! muni will be offe
. >> reporter: press the barack obama needs is- president barack obama is saying that the congress need to take immediate action. the meeting today was good, and constructive but there's no agreement there should be a vote on his proposal to extend unemployment benefits and also help with tax cuts on the middle-class. justin waldman, kron 4. >> reporter: the city of richmond has been issuing a permit to pg&e. this san bruno explosion.. for chevron is hoping that this will be...
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Dec 30, 2012
12/12
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president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's "washington journal." host: our topic is the fiscal cliff. of we have done for last several sundays, we welcome the policy director for the concord coalition and a columnist for roll call newspaper. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: we are relying on a senate that has been dysfunctional and avoided a filibuster when it will be really easy for one or more senators who do not like tax increases to just filibuster round and we are relying on a house that could not take the lead. it's important to state t
president obama was on "meet the press" today andy said the pressure is on congress. on friday, he was optimistic after meeting with congressional leaders, but if they cannot come up to an agreement he wants the senate to put in a bill. live coverage bomb the -- of the senate on c-span 2. returning at 2:00 p.m. eastern in the house with boats as early as 6:30 p.m. -- votes as early as 6:30. you can watch a live house coverage iran c-span. more on the fiscal cliff from this morning's...
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Dec 31, 2012
12/12
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president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what they now say. did they? no. why not? mr. speaker, why would a democrat congress and white house say they want to tax the wealthy but not do it? why would a democrat congress and white house say they want permanent tax relief for lower and middle income taxpayers yet not give it? the answer is simple, washington democrats twice voted against tax increases on the wealthy and twice voted against giving permanent tax relief to lower and middle income families so that they could run campaigns onp human emotions like greed, envy, and class warfare, and campaign against the very tax policies democrats
president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what...
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Dec 29, 2012
12/12
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president obama says he's optimistic senate leaders can avoid the fiscal cliff with just three days to go. if no agreement is reached the president says he's urge congress to hold up or down votes on a package that prevents tax hikes on the middle class and extends unemployment insurance. joining me now, congressional correspondent for the national journal, chris fragts and congressional reporter for the "washington post" ed o'keefe. chris let me start with you this time. we're talking about a deal could be reached. the president modestly optimistic. i'm hearing that word a little bit thrown around this morning and this afternoon, optimistic. so what does that deal look like now? >> well, t.j., i thought maybe your butmper musing coming back in shoulding final countdown. just a few days left and the senate is at work. a lot of optimism out there and a lot of happy talk coming out of friday's white house meeting. but the sides still remain pretty far apart. reid and mcconnell on who is rich. what's the definition of wealthy. is it 250,000? is it 400,000? they still haven't hashed that o
president obama says he's optimistic senate leaders can avoid the fiscal cliff with just three days to go. if no agreement is reached the president says he's urge congress to hold up or down votes on a package that prevents tax hikes on the middle class and extends unemployment insurance. joining me now, congressional correspondent for the national journal, chris fragts and congressional reporter for the "washington post" ed o'keefe. chris let me start with you this time. we're...
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Dec 31, 2012
12/12
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>> senator, we heard president obama say in an interview that if congress can't get anything done and we go over the fiscal cliff, that plan "d" essentially is to have another vote on january 4th when the new congress comes in, and that would just be a straight up or down vote on extending tax cuts for middle class families making up to $250,000 a year. do you think that's what happens? >> i'm hoping that we resolve this today to give the american people some certainty. the president doesn't seem too eager to actually get involved and find solutions to deal with the number one problem facing our country. if you do what the president just proposed and raise taxes on those folks, it helps fund the government for seven days. it doesn't deal with our fundamental spending problem in this country. bottom line is the president is the only one with a pen who can sign into law something and he ought to be very involved with making sure that he gets something that he will sign that will pass both a republican controlled house and a democrat controlled senate. >> senator, i mean there's been a l
>> senator, we heard president obama say in an interview that if congress can't get anything done and we go over the fiscal cliff, that plan "d" essentially is to have another vote on january 4th when the new congress comes in, and that would just be a straight up or down vote on extending tax cuts for middle class families making up to $250,000 a year. do you think that's what happens? >> i'm hoping that we resolve this today to give the american people some certainty....
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Dec 29, 2012
12/12
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both houses of congress will reconvene tomorrow. the main sticking point remains tax increases on the wealthy. while some republicans suggest raising taxes for those earning at least a million, president obama and democrats want increases on anyone making more than $250,000 a year. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> in this morning's weekly address, the president says congress must meet the new year's deadline and pass a balanced plan that offers middle class tax cuts and reduces spending in a responsible manner. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one third of the annual interest that's now owed on this massive $16 trillion debt. >> missouri senator roy blunt delivered the gop weekly address, saying the president's tax hike would only fund the government for eight days. >>> if no deal is reached, giving you a look at what could
both houses of congress will reconvene tomorrow. the main sticking point remains tax increases on the wealthy. while some republicans suggest raising taxes for those earning at least a million, president obama and democrats want increases on anyone making more than $250,000 a year. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> in this...